Ambev (NYSE: ABEV) executive discloses options and restricted stock

Rhea-AI Filing Summary

AMBEV S.A. executive Parolari Guilherme Fleury de Figueiredo Ferraz filed an initial ownership report showing direct holdings in common and equity awards. He holds 19,893 common shares and 168,353 restricted shares that vest on December 1, 2028, each representing a right to receive one common share minus withholding taxes.

He also holds stock options over 67,658 common shares at an exercise price of 3.2600 expiring on December 2, 2026, 233,781 shares at 3.1100 expiring on December 23, 2026, 80,393 shares at 3.9100 expiring on December 2, 2027, and 103,453 shares at 3.2200 expiring on December 4, 2028. The filing reflects existing holdings rather than new market purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Parolari Guilherme Fleury de Figueiredo Ferraz

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

4TH FLOOR

(Street)

SAO PAULO BRAZIL 04530-001

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
AMBEV S.A. [ ABEV ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	19,893	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Shares	(1)	(1)	Common Shares	168,353	(2)	D
Stock Options (Right to Buy)	12/01/2021	12/02/2026	Common Shares	67,658	$3.26	D
Stock Options (Right to Buy)	12/22/2021	12/23/2026	Common Shares	233,781	$3.11	D
Stock Options (Right to Buy)	12/01/2022	12/02/2027	Common Shares	80,393	$3.91	D
Stock Options (Right to Buy)	12/03/2023	12/04/2028	Common Shares	103,453	$3.22	D

Explanation of Responses:

1. These restricted shares vest on December 1, 2028.

2. Each restricted share represents a contingent right to receive one common share minus withholding taxes.

Remarks:

Chief Financial, Investor Relations And Shared Services Officer. All prices were converted from Brazilian Real (BRL) to U.S. Dollars (USD) based on the foreign exchange rate as of March 17, 2026 (at USD 1.00 = BRL 5.26).

	/s/ Guilherme Fleury de Figueiredo Ferraz Parolari	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Ambev (ABEV) Form 3 filing by Parolari Guilherme show?

The Form 3 shows his initial beneficial ownership in Ambev, including 19,893 common shares, 168,353 restricted shares vesting December 1, 2028, and several stock option grants over hundreds of thousands of common shares at exercise prices between 3.1100 and 3.9100.

How many Ambev (ABEV) common shares does Parolari Guilherme hold directly?

He directly holds 19,893 Ambev common shares. In addition, he has equity awards tied to common shares, including restricted shares and multiple stock option grants, which could further increase his effective exposure if they vest and are exercised in the future.

What restricted stock position is disclosed for Parolari Guilherme at Ambev (ABEV)?

He holds 168,353 restricted shares, each representing a contingent right to receive one common share minus withholding taxes. These restricted shares are scheduled to vest on December 1, 2028, subject to the plan’s conditions and any applicable tax withholding requirements.

What stock options does the Ambev (ABEV) executive report holding?

He reports stock options over 67,658 shares at 3.2600, 233,781 shares at 3.1100, 80,393 shares at 3.9100, and 103,453 shares at 3.2200. These options expire between December 2026 and December 2028, providing long-dated potential to acquire common shares.

Does the Ambev (ABEV) Form 3 indicate recent insider buying or selling?

The Form 3 reflects existing holdings and equity awards rather than recent market purchases or sales. All transactions are coded as holdings, with no buy or sell transactions reported, making this a baseline disclosure of the executive’s current beneficial ownership.

How do the restricted shares in Ambev (ABEV) convert into common shares?

Each restricted share represents a contingent right to receive one common share minus withholding taxes. Upon vesting on December 1, 2028, the net number of common shares delivered will reflect required tax withholdings under applicable laws and the company’s compensation plans.